Accounting Statements: Profit and Loss
As I said in the introduction to accounting statements, the profit and loss (P&L) statement provides an historical picture of how our business has performed over a given time period. […]
Accounting Statements: Introduction
In the past two articles, we’ve looked at what records we need to keep in our small business; records both of income and of expenditure. Now we’re going to start […]
Keeping Financial Records: Expenditure
Last week, we looked at how to keep records of income; now we’re going to look at recording our expenditure. Then we’ve got the two sides of the equation: we […]
Finanical Systems: Keeping it Appropriate
A belated Happy New Year to you all. It’s been a while since I’ve written one of these Business of Writing articles. A lot has happened in the meantime, not […]
Tax Matters
[This week’s post is specific to the UK; the principles apply in most countries but the specifics vary, so non-Brits need to review the requirements with your national authorities] In […]
Business Structures
One of the questions to be resolved when setting up any small business is which structure is the most appropriate? There are a number of options including: self-employment; partnerships; limited […]